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Hosted by Certified Elder Law Attorney, Tim Sechler from Pittsburgh, PA. On this show we discuss all things Elder Law, Estate Planning, Asset Protection Planning. Tim will teach you how to protect your life savings from long term care concerns and other financial pitfalls. We'll discuss changes in the law that affect you. You'll get Tim's take on what makes a good estate plan and what opportunities families sometimes miss. You'll learn about upcoming events for retirees around Pittsburgh. Sometimes, we simply discuss the things Tim finds interesting.
177 Episodes
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In this episode, Tim discusses the three time periods when people do planning:1. Young with young kids2. Empty Nesters3. RetireesThe goals of each of these groups vary. The tools we use to accomplish the goals may vary. But a few things remain constant. Regardless of your stage of life, you want your money to support your family. You don't want it to be lost to broken government rulebooks and wast. Let's set your family up for true success.
Shhhh..... Here's a dirty secret. Most law firms don't fund trusts. If you have a trust already, there's a decent chance it's not funded properly (or at all). In this episode Tim talks about why most firms don't fund trusts and how estate planning works when done properly.
Of all the cruel legal rules impacting seniors, the Estate Recovery Program has got to be the worst! It's sole purpose is to take your house after you die!A new piece of legislation seeks to end the program. Will it pass? Who knows... but I wouldn't bet on it.I'd rather you understand now how to avoid the awful program and keep your savings out of the clutches of the government. Listen up folks... this one is important.
I recently asked our Managing Attorney, Amy Rees, the questions she gets asked the most. Her Answer:1. Should I have a will or a trust?2. Revocable trust or Irrevocable Trust?3. How can I avoid paying taxes when my home sells?4. Can you explain the 5 year look back for nursing homes?5. Should I give my house to my child?Curious about these questions? Let's tackle them together.
Let's face it... we're all going to get sick. We're all going to eventually pass away. If we are bold enough to accept this truth, then we can be bold enough to plan well. Someone is going to need to communicate with our doctors. Do you know who that is? Have you explained to them how you'd want to be treated?This isn't fun to think about... but it's necessary. Let's be bold.
I was asked this question a year and a half ago by my business coach. To be honest, it kinda rocked my world. Although we had a successful law firm working hard to help people with great plans, he was making the point that we could be doing even better.As a result, we went on a mission to improve our systems in a way that would get people better plans at a better price. Listen to this episode to find out how we've changed everything about our firm... and maybe our industry.
Most Estate and Elder Law problems are easily avoidable. Listen to this weeks tips to learn about some common mistakes you'll want to avoid.
In October 2019, the US Government voted to steal your childrens' inheritances. How did they do it? Who are they going to do it again? Check out this episode to find out.
The subject of estate planning confuses a lot of people. There are so many things to consider. How do I protect against probate, taxes, and nursing homes? Is a will good enough? Should I consider a trust? What type of trust? In this episode, Tim discusses what just might be the perfect estate plan for middle-class baby boomers. Here's a hint: Which is better... a screw driver or a hammer? Our bet is that you have both in your toolbox.
$53 Trillion will pass from the Baby Boomers to Gen X and the Millennials. BUT almost 70% of that money is with the wealthiest 7%. What about the other 93%?Well, a lot of their money is in jeopardy due to long term care costs. So, will your kids receive an inheritance? Listen to this episode to learn about why you need an elder law attorney.
Happy New Year's. Tis the season for planning and getting your affairs in order. This episode has some helpful tips for how to review your existing plan. Tim also explains some common mistakes in wills and powers of attorney. Enjoy!
Joy to the World and Peace on Earth starts with a Joyous Household and Peaceful family. In this Holiday Episode, Tim teaches you 12 tips for a better estate plan. Avoid the mistakes that others are making!Merry Christmas!
It's Christmas family gathering time! This year, let's make it a little more meaningful with some great conversations. Listen to this weeks episode to find out how to start the most important conversations!
Nursing shortages. Low reimbursement rates. Increasing staffing requirements. Nursing homes are in a tough spot right now. Here's how to plan properly to get the care you need on your terms.
At Sechler Law Firm, we've gotten lots of questions about our Red Wagon Club and how it is the BEST way to support middle class families with their estate plans. Listen to this week's episode to find out how we're changing the rules of how law firms support their clients.
"Billy Stay" is a beautiful song by musician Zach Bryan. The song wrestles with how to stay a great companion for someone suffering from dementia. In this week's episode, let's take a look at the lyrics and learn some great lessons on caregiving. Also, Tim discusses different residential care options for someone with dementia. Have a listen - then check out the song too!
The Government is failing our seniors. In this episode, Tim discusses some shortfalls of Medicare, Medicaid and what you can do about it.
Happy Veterans Day! In honor of our Vets, Tim is does a quick review of some of the programs available to help Veterans pay for care if and when they need it. If you're a Veteran, listen in to learn about how you can access programs to pay for your long term care needs.
It's open enrollment season for Medicare recipients. This means this is the one time each year you could change plans. In this episode Tim does a brief compare/contrast of your Medicare options and also describes why you need to also become eligible for Medicaid benefits. Learn more about all your healthcare programs in this episode.
Afraid to visit a law firm to discuss estate planning? Well, it's Halloween season and this time of year we have to conquer all our fears of witches and ghosts. Let's tackle the estate planning fears too!
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